October 2025
Understanding the Most Common IRS Notices
For many taxpayers, receiving a letter from the IRS can feel intimidating. The envelope arrives with the IRS seal, and immediately, worry sets in: Did I make a mistake? Am I in trouble? The truth is, IRS [...]
Tax Court Case Provides Lessons on Best Recordkeeping Practices for Businesses
Running a successful business requires more than delivering great products or services. Behind the scenes, meticulous recordkeeping plays a crucial role in financial health, compliance and tax savings. Good records can mean the difference between [...]
September 2025
The New Face of Digital Deception: How AI is Changing the Scam Game (And How to Stay Ahead)
Remember when scam emails were easy to spot? The Nigerian prince with questionable grammar? Those days are rapidly becoming quaint, nostalgic memories. Today's digital threats are wearing sophisticated masks, powered by the same AI tools [...]
Payroll Tax Implications of New Tax Breaks on Tips and Overtime
Before the One Big Beautiful Bill Act (OBBBA), tip income and overtime income were fully taxable for federal income tax purposes. The new law changes that. Tip income deduction For 2025–2028, the OBBBA creates a [...]
New Rules Could Boost Your R&E Tax Savings in 2025
A major tax change is here for businesses with research and experimental (R&E) expenses. On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) reinstated the immediate deduction for U.S.-based R&E expenses, reversing rules under [...]
August 2025
2025 Estimated Tax Payments: What You Need to Know
Mark Your Calendar The third installment of 2025 estimated taxes is due Monday, September 15. Heads Up: IRS Changed Their Mailing Address If you're mailing paper checks to the IRS with form 1040-ES and live in one of [...]